Encana Corp (TSE:ECA) (NYSE:ECA) insider Joanne Linette Alexander bought 2,500 shares of the company’s stock in a transaction on Wednesday, November 7th. The stock was bought at an average cost of C$11.60 per share, for a total transaction of C$29,000.00.
TSE ECA traded up C$0.03 during trading hours on Wednesday, hitting C$11.45. The company had a trading volume of 7,588,094 shares, compared to its average volume of 3,654,097. Encana Corp has a fifty-two week low of C$11.03 and a fifty-two week high of C$18.54.
Several equities research analysts have weighed in on the company. AltaCorp Capital lowered Encana from an “outperform” rating to a “sector perform” rating in a research report on Friday, November 2nd. Canaccord Genuity increased their target price on Encana from C$16.00 to C$19.00 in a research report on Tuesday, July 10th.
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Encana Company Profile
Encana Corporation, together with its subsidiaries, engages in the exploration, development, production, and marketing of natural gas, oil, and natural gas liquids. The company holds interests in various assets, including the Montney in northern British Columbia and northwest Alberta; Duvernay in west central Alberta; and other upstream operations comprising Wheatland in southern Alberta, Horn River in northeast British Columbia, and Deep Panuke located in offshore Nova Scotia in Canada.
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